Bahri bolsters commitment to India’s maritime sector

Abdullah Aldubaikhi, CEO of Bahri, and Ahmed Al-Ghaith, president of Bahri Logistics, at the gala dinner in Mumbai.
Updated 07 April 2019
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Bahri bolsters commitment to India’s maritime sector

Saudi logistics and transportation company Bahri recently hosted its customers and partners at a gala dinner held in Mumbai, India, underlining the company’s commitment to strengthening partnerships and enhancing customer satisfaction and shareholder value. More than 250 senior leaders, executives and representatives from across the shipping and logistics industry in India, as well as major export-import trading companies, attended the event that took place on March 29 at The Taj Mahal Palace.
Abdullah Aldubaikhi, CEO of Bahri, said: “As one of the mainstays of India’s rapidly-growing economy, the domestic maritime logistics and shipping sector has been witnessing tremendous growth in recent years. With Bahri India, we have steadily expanded and deepened our presence in this thriving market, offering our industry-leading and technology-driven onshore and offshore services. Reflecting this robust growth, the number of voyages by our vessels serving Indian customers has risen significantly over the years.
“We would like to extend our deepest gratitude to our customers and partners in the country who have continued to be an integral part of our success story. We remain committed to stepping up our efforts toward catering to their varied and evolving needs, and will continue to build on our nearly two decades’ experience in this market to unleash its enormous potential for further growth and profitability,” added Aldubaikhi.
Delivering his keynote address at the event, Ahmed Al-Ghaith, president of Bahri Logistics, highlighted major milestones and achievements since the company established its office in Mumbai in 2017. He said Bahri India has helped the business build on its long-standing presence in the fast-growing domestic maritime industry and establish stronger and more direct relations with customers and partners in line with the company’s long-term growth strategy, which hinges on strategic industry collaborations as well as the expansion of market footprint globally.
Al-Ghaith added that Bahri’s sustained expansion into the Indian market has enabled the company to capitalize on opportunities that exist in the shipping and trade sectors to offer its value-added, high-quality logistics and transportation solutions, thereby advancing its growth and profitability.
Bahri links India with key global markets along the Arabian Gulf, Red Sea, the Mediterranean and the US through a fast and reliable liner services using its fleet of state-of-the-art RoCon vessels. The company’s services also help connect India to Africa, Latin America and the Caribbean via internationally recognized transshipment hubs.
Bahri Logistics, one of Bahri’s five business units, has been present in India since 2000, operating six multipurpose vessels on a regular liner schedule, all designed to carry project, ro-ro, breakbulk and container cargo in a single voyage.


Top CEO Conference & Awards wraps up in Bahrain

Updated 17 April 2019
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Top CEO Conference & Awards wraps up in Bahrain

The Top CEO Conference & Awards 2019, organized by TRENDS magazine — Mediaquest and international business school INSEAD, has concluded at the Al-Areen Palace and Spa in Bahrain. The event, held on Thursday, included seven key panel discussions under the theme “Growth in a Volatile Future” as well as the Top CEO Awards 2019 ceremony, which recognized the region’s most successful and trendsetting CEOs from more than 700 companies listed on GCC stock exchanges.

Top business leaders and more than 30 speakers from across the GCC shed light on the Middle East’s dynamic but volatile region and the burning issues facing the corporate world today. This year’s theme focused on a score of relevant issues, such as oil price fluctuations, tech disruptions, armed and political schisms that pose new risks, and opportunities. Speakers such as renowned economist Professor Nouriel Roubini provided growth solutions and road maps for businesses in the GCC region.

Alexandre Hawari, CEO of Mediaquest, said: “In its fifth edition, the Top CEO Conference & Awards fully encapsulated the theme of ‘Growth in a Volatile Future’ by acknowledging and exploring the growth transformation that the region is undergoing through digitalization and the fourth industrial revolution amid geopolitical tensions, looming trade wars and a rapidly evolving business environment. Building on the huge success of the previous years, the Top CEO Awards 2019 recognized CEOs and companies who have raised the bar by navigating challenges, implementing new strategies, and have demonstrated unquestionable growth, profitability and excellence in corporate governance.”

The conference kicked off with an opening keynote from Jassim Al-Seddiqi, CEO of the Abu Dhabi Financial Group and chairman of GFH Financial Group, who delved into the potential of transforming the region into a fintech hub and the importance of jumping on the digital bandwagon. 

The prime panel discussion on the “Future of Growth Amid Volatility” brought together five CEOs who explored methods to create future-proof strategies that can not only tackle challenges but also boost growth in a tough geopolitical and economic climate. 

Hisham Al-Rayes, CEO and board member of the GFH Financial Group, said: “Investing in the future in areas such as fintech, education and technology, the foundations for strong, enduring knowledge-based economies, is a priority for the group and the governments of the region in which we invest.”

“The Blockchain Opportunity” and “The Human Factor and Tech Innovation” panels brought together industry experts from Facebook, the Bahrain FinTech Bay and King Abdul Aziz University. 

“The Future of Women’s Business Leadership” panel discussed positive strides taken by GCC governments and businesses in leveling the playing field for women professionals.